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Off market
Street View
  • Price Unknown

    23475 Highway 99e, Harrisburg, OR 97446

    --beds
    0baths
    7,000sqft
    MultiFamily
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    16 rental units on 3.28 acres. Gross annual income is $81,000 with gross expenses of $31,400 leaving a net operating income of $49,560. 6.4% cap rate and 9.56 GRM. Expenses include sewer, insurance, taxes ($3042.87 for 2018), repairs & maintenance (est. at $250/Mo.), Onsite manager who receives free rent ($600/Mo.) and manager's utilities $320/Mo. Rents are VERY low and have upside potential!!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 7,000 sqft

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Features: Level, Views, 3 to 4.99 Acres
    Details
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1945

    Utilities & green energy

    • Sewer: Septic Tank, Other
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Harrisburg

    Other

    Other facts
    • ViewYN: true
    • Sewer: Septic Tank, Other
    • Zoning: R3
    • WaterSource: Well
    • Appliances: Refrigerator, Electric Water Heater, Range
    • HeatingYN: true
    • Utilities: Electricity Connected
    • Heating: Zoned
    • NumberOfUnitsTotal: 16
    • Furnished: Unfurnished
    • Roof: Composition
    • LotFeatures: Level, Views, 3 to 4.99 Acres
    • LeaseTerm: Month To Month
    • FarmLandAreaUnits: Square Feet
    • RentIncludes: Water, Sewer, Trash Collection
    • OpenParkingYN: true
    • ConstructionMaterials: Lap Siding
    • View: Valley
    • ParkingFeatures: Open
    • CapRate: 6.39
    • GrossIncome: 81000
    • OperatingExpense: 31440
    • MlsStatus: Pending
    • NetOperatingIncome: 49560
    • TaxAnnualAmount: 3042.87
    Services availability